What is Circit?
Founded in 2017, Circit operates as a comprehensive platform for audit confirmation, data validation, and client collaboration. It directly connects auditors with banks, financial institutions, and other counterparties to verify financial data at its source. By transforming manual confirmation processes and unstructured client data into structured, independently verified audit evidence, Circit streamlines the auditing workflow. The company holds regulatory status as an Account Information Service Provider (AISP) with the Central Bank of Ireland, as well as regulatory approval in the UK, the EU, and Australia, highlighting its compliance and operational scope within the global financial ecosystem.
How much funding has Circit raised?
Circit has raised a total of $28.8M across 2 funding rounds:
Series A
$6.8M
Private Equity
$22M
Series A (2022): $6.8M with participation from MiddleGame Ventures and Aquiline Technology Growth
Private Equity (2026): $22M led by Ten Coves Capital, MiddleGame Ventures, and Aquiline Capital Partners
Key Investors in Circit
MiddleGame Ventures
MiddleGame Ventures is a European FinTech specialist firm that partners with innovative entrepreneurs to transform financial services into a fully digital future, focusing on early-stage investments in adjacent digital solutions like AI and CyberTech.
Aquiline Technology Growth
Aquiline Technology Growth (ATG) invests in early- and growth-stage technology and services companies impacting the global insurance and financial services ecosystems, leveraging deep industry experience.
Ten Coves Capital
Ten Coves Capital invests in companies that are innovating and transforming the financial ecosystem, focusing on businesses re-imagining and re-wiring financial services.
What's next for Circit?
The recent major strategic investment signifies Circit's transition into a scaling phase, likely Series B or beyond, given the enterprise-level context of its total funding. This capital injection is poised to fuel further product development, expand its market reach into new geographies, and strengthen its competitive advantage against traditional auditing methods. Strategic partnerships and technological advancements in AI and data security are anticipated as key drivers for Circit's continued evolution and its role in modernizing financial data verification.
See full Circit company page
